document.write( "Question 839397: Two bond funds pay interest at rates that differ by 4%. Money invested for 1 year in the first fund earns $336 interest. The same amount invested in the second fund earns $504. Find the lower rate of interest. \n" ); document.write( "
Algebra.Com's Answer #513879 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! (z)*y=336, \n" ); document.write( "x*y=504, \n" ); document.write( "z=x-.04 \n" ); document.write( "x=.12 12% \n" ); document.write( "z=.08 8% \n" ); document.write( "y=4200 \n" ); document.write( " |